Salem Five Bank · 2 months ago
Sr Loan Officer
Salem, MA
Full-time
Onsite
Senior Level
5+ years expSalem Five Bank is a growing regional financial services organization with a rich history of over 160 years. They are seeking a Senior Mortgage Loan Officer to proactively solicit new residential mortgage business, develop a network of referral sources, and ensure exceptional customer service throughout the mortgage lending process.
BankingFinanceFinancial ServicesMortgage
Responsibilities
Develops and maintains successful relationships with business referral sources, existing and prospective
Prospects new mortgage lending opportunities
Meets with customers as necessary during various stages of the loan process
Utilizes Salem Five training materials, reference tools and other resources to provide accurate and up-to-date loan program/policy information to both external customers and internal business partners
Provides complete loan applications to loan processors
Ensures exceptional customer experience by overseeing loan process from origination to close and providing on-going communication to customers and business partners
Consistently achieve and exceed sales goals through active prospecting and solicitation from referral resources
Originate applications in accordance with company policy, compliance, and regulatory guidelines
Maintain a thorough knowledge of assigned market/territory to facilitate the development of an annual sales plan, which will focus on current and/or emerging sales opportunities
Oversees and ensures successful completion of all assigned Mortgage Loan Officer Training activities
Compliance with banking laws and regulations as defined in company policies and procedures pertinent to position
Regular attendance is essential to this position
Provide an outstanding Customer Experience to Salem Five customers and prospects
Be able to demonstrate a high level of proficiency with Salem Five’s digital technology offering
Proficient with mobile smart phones and downloading applications. This includes the basics of texting, email and application management
Proficient utilizing desktop applications such as MS Office (Excel, Word, Exchange)
Proficient utilizing the Internet (mobile and desktop) to search and locate information
Embrace new and emerging technologies to support operations and customers through flexibility and the ability to learn and adapt to change
Assist sales management with recruiting of new originators
Serve as mentor for new hired originators
Qualification
Required
Bachelor's degree (B.A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience
5 - 7 years of Mortgage sales experience required
Valid Driver's License and acceptable driving record
Proficient with mobile smart phones and downloading applications. This includes the basics of texting, email and application management
Proficient utilizing desktop applications such as MS Office (Excel, Word, Exchange)
Proficient utilizing the Internet (mobile and desktop) to search and locate information
Ability to demonstrate a high level of proficiency with Salem Five's digital technology offering
Compliance with banking laws and regulations as defined in company policies and procedures pertinent to position
Regular attendance is essential to this position
Benefits
Health Insurance
Dental
Vision
Flexible Spending Account
Health Savings Account
401k Matching
Tuition Reimbursement
Employee Referral Program
Summer Family Outing
Annual Holiday Reception
Company
Salem Five Bank
Salem Five is a financial services company with deep roots in Massachusetts - proudly serving individuals, families, and businesses since 1855.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Brian Shaughnessy
Chief Financial Officer
Diane G. Smith, PHR
Sr. Vice President, Sr. Strategic Business Partner
Recent News
2025-11-20
Business Insider South Africa
2023-03-31
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